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2012	
  Social	
  Media	
  Status	
  Update	
  
Leah	
  Messina	
  │ CEO	
  of	
  Sinuate	
  Media	
   	
  
Emily	
  Summers	
  │ Principal	
  of	
  Market	
  Torque	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  

October 2012
	
  
	
  
 
2012	
  Social	
  Media	
  Status	
  Update	
  
	
  
	
  


	
  
About	
  Sinuate	
  Media	
  
Sinuate	
   Media	
   is	
   The	
   Organic	
   Marketing	
   Company.	
   We	
   envision	
   and	
   execute	
   digital	
  
marketing	
   strategies	
   that	
   encompass	
   custom	
   crafted	
   solutions	
   for	
   unique	
   companies.	
  	
  
From	
  the	
  spark	
  of	
  an	
  initial	
  idea	
  to	
  a	
  fully	
  engaged	
  plan,	
  Sinuate	
  Media	
  provides	
  a	
  single	
  
source	
  for	
  all	
  digital	
  marketing	
  needs.	
  	
  
	
  
Contact:	
  	
  	
  
Leah	
  Messina,	
  CEO	
  
443.992.4691	
  
leah@sinuatemedia.com	
  
sinuatemedia.com	
  
facebook.com/sinuatemedia	
  
	
  
	
  
About	
  Market	
  Torque	
  
Market	
  Torque	
  is	
  committed	
  to	
  bringing	
  fresh	
  ideas	
  sparked	
  by	
  rigorous	
  research	
  and	
  
intellect	
   to	
   new	
   start-­‐ups	
   and	
   ventures.	
   Our	
   core	
   mission	
   is	
   to	
   provide	
   strategic	
  
marketing	
  advisory	
  services	
  to	
  companies	
  that	
  are	
  looking	
  for	
  fast	
  growth	
  and	
  getting	
  
traction	
   in	
   creative	
   ways.	
   We	
   are	
   entrepreneurs	
   who	
   are	
   passionate	
   about	
   helping	
  
companies	
  engage	
  their	
  audiences	
  in	
  meaningful	
  ways.	
  
	
  
Contact:	
  	
  	
  
Emily	
  Summers,	
  Principal	
  
703.869.2538	
  
esummers@markettorque.com	
  
markettorque.com	
  
facebook.com/markettorque	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
©	
  Market	
  Torque	
  and	
  Sinuate	
  Media,	
  2012                                                                           2	
  
 
2012	
  Social	
  Media	
  Status	
  Update	
  
	
  



	
  
	
  
Who should read this: Entrepreneurs, business owners, and marketing executives
who want to know more about the most important and effective components of a
successful social media campaign.
	
  
	
  
	
  
	
  
Table	
  of	
  Contents	
  
	
  
1.	
   Introduction—The	
  Current	
  State	
  of	
  Social	
  Media .................................4	
  

2.	
   Why	
  You	
  Should	
  Care.........................................................................................5	
  

3.	
   What	
  You	
  Need	
  to	
  Know...................................................................................6	
  

4.	
   Addressing	
  Challenges.................................................................................... 10	
  

5.	
   Resources ............................................................................................................. 12	
  

	
  

	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  

©	
  Market	
  Torque	
  and	
  Sinuate	
  Media,	
  2012                                                                               3
	
  
 
2012	
  Social	
  Media	
  Status	
  Update	
  
	
  
	
  


Introduction—The	
  Current	
  State	
  of	
  Social	
  Media	
  	
  
	
  
Since	
  its	
  inception,	
  social	
  media	
  has	
  been	
  on	
  a	
  path	
  of	
  rapid	
  advancement.	
  Though	
  it	
  has	
  
been	
   only	
   a	
   few	
   years	
   since	
   “social	
   media”	
   became	
   the	
   buzzword	
   in	
   marketing	
   and	
  
consumer	
  circles	
  alike,	
  the	
  advent	
  of	
  digital	
  and	
  mobile	
  technologies	
  have	
  skyrocketed	
  
its	
  usage	
  so	
  much	
  so	
  that	
  it	
  has	
  become	
  ingrained	
  in	
  nearly	
  everyone’s	
  life.	
  	
  
	
  
While	
  consumers	
  are	
  quick	
  to	
  adopt	
  the	
  new	
  technology,	
  marketers	
  rush	
  to	
  adopt.	
  The	
  
purpose	
   of	
   the	
   Annual	
   Social	
   Media	
   Status	
   Update	
   is	
   to	
   help	
   entrepreneurs,	
   business	
  
owners	
  and	
  marketing	
  executives	
  see	
  where	
  the	
  technology	
  stands	
  and	
  what	
  lies	
  on	
  the	
  
horizon	
  each	
  year.	
  	
  
	
  
Social	
   media	
   is	
   ubiquitous	
   among	
   all	
   ages,	
   demographics,	
   and	
   most	
   geographic	
  
locations.1	
   In	
   the	
   United	
   States,	
   the	
   birthplace	
   of	
   many	
   of	
   the	
   social	
   networking	
   tools	
  
that	
   have	
   gained	
   in	
   popularity,	
   penetration	
   has	
   been	
   especially	
   high	
   with	
   98%	
   of	
   the	
  
population	
  using	
  social	
  networking.2	
  
	
  
Social	
  media	
  makes	
  lives	
  easier	
  but	
  also	
  causes	
  more	
  disruptions	
  since	
  consumers	
  are	
  
now	
  always	
  “connected.”	
  And	
  it	
  is	
  not	
  just	
  for	
  fun.	
  While	
  social	
  media	
  has	
  changed	
  the	
  
landscape	
   of	
   peer	
   interactions,	
   it	
   also	
   has	
   infiltrated	
   and	
   changed	
   the	
   operations	
   of	
  
search	
   engine	
   navigation,	
   retail	
   and	
   e-­‐commerce,	
   political	
   campaigning,	
   customer	
  
relationship	
  management,	
  and	
  sales.	
  	
  
	
  
In	
   addition,	
   while	
   it	
   is	
   true	
   that	
   women	
   once	
   adapted	
   to	
   social	
   media	
   at	
   a	
   faster	
   rate	
  
than	
  men,	
  they	
  are	
  no	
  longer	
  the	
  fastest	
  growing	
  group.	
  In	
  fact,	
  that	
  accolade	
  belongs	
  to	
  
males	
  and	
  users	
  who	
  are	
  55+.	
  	
  
	
  
The	
   younger,	
   Digital	
   Natives,	
   prefer	
   the	
   interaction	
   and	
   depth	
   of	
   social	
   networking.	
  
Email	
   and	
   instant	
   messaging	
   are	
   aging	
   technologies	
   for	
   which	
   they	
   have	
   declining	
  
interest.	
  	
  
	
  
Though	
  first	
  introduced	
  in	
  2010,	
  mobile	
  technology	
  has	
  gained	
  tremendous	
  adoption	
  in	
  
2012	
  with	
  the	
  increased	
  comfort	
  with	
  Apps,	
  App	
  Stores,	
  and	
  new	
  ways	
  to	
  create	
  content	
  
via	
  mobile	
  to	
  share	
  socially.	
  Entrepreneurs,	
  business	
  owners	
  and	
  marketing	
  executives	
  
are	
   faced	
   with	
   the	
   dilemma	
   of	
   reaching	
   consumers	
   on	
   multiple	
   screens—television,	
  
computer,	
   tablet,	
   and	
   mobile	
   phone—and	
   finding	
   ways	
   to	
   engage	
   socially	
   on	
   each	
  
platform,	
  sometimes	
  simultaneously.	
  	
  
	
  
	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  
1	
  Pew	
  Internet	
  
2	
  ComScore	
  Media	
  Metrics,	
  October	
  2011	
  

	
  
©	
  Market	
  Torque	
  and	
  Sinuate	
  Media,	
  2012                                                                                                                                                                          4	
  
 
2012	
  Social	
  Media	
  Status	
  Update	
  
	
  



1. Why	
  You	
  Should	
  Care	
  	
  
	
  
Whether	
   your	
   customers	
   are	
   consumers	
   or	
   other	
   businesses,	
   having	
   some	
   social	
   aspect	
   is	
  
important.	
  Below	
  are	
  three	
  main	
  reasons	
  that	
  building	
  and	
  maintaining	
  a	
  strong	
  social	
  presence	
  
makes	
  sense	
  for	
  entrepreneurs	
  and	
  marketing	
  executives.	
  	
  
	
  
Marketing	
  Presence	
  has	
  a	
  New	
  Definition	
  
Of	
  the	
  Top	
  100	
  Inc.	
  Fastest	
  Growing	
  Companies,	
  nearly	
  77%	
  of	
  them	
  are	
  on	
  Facebook	
  and	
  71%	
  
on	
   LinkedIn.	
   	
   These	
   are	
   two	
   must-­‐have	
   social	
   networking	
   tools	
   for	
   2012.	
   For	
   those	
   with	
  
additional	
  abilities	
  to	
  invest	
  resources	
  into	
  their	
  social	
  media	
  marketing,	
  Twitter	
  and	
  YouTube	
  
are	
   the	
   next	
   most	
   popular.	
   Sixty-­‐six	
   percent	
   of	
   businesses	
   on	
   the	
   Inc.	
   Fastest	
   Growing	
  
Companies	
  list	
  are	
  on	
  Twitter,	
  followed	
  by	
  32%	
  on	
  YouTube.	
  Less	
  than	
  9%	
  are	
  not	
  using	
  social	
  
media.	
  
	
  
Your	
  Customers	
  are	
  Online	
  
Inevitably,	
  customers	
  will	
  take	
  to	
  social	
  media	
  
to	
  complain	
  about	
  a	
  product,	
  service,	
  or	
  brand	
  
when	
   they	
   are	
   unhappy.	
   Businesses	
   must	
  
listen	
   and	
   monitor	
   these	
   conversations	
   to	
  
protect	
   their	
   brands	
   and	
   address	
   customer	
  
issues	
   before	
   they	
   potentially	
   escalate	
   into	
   a	
  
public	
   relations	
   nightmare.	
   For	
   example,	
  
JetBlue	
   Airways	
   uses	
   Tweets	
   to	
   push	
   out	
  
information	
  about	
  flights	
  (see	
  right).	
  
	
  
Targeting	
  is	
  at	
  Your	
  Fingertips	
  
Digital	
  advertising	
  has	
  made	
  tremendous	
  advances	
  in	
  the	
  last	
  year.	
  It	
  is	
  now	
  possible	
  to	
  set	
  up	
  
and	
   run	
   campaigns	
   from	
   Google	
   AdWords	
   and	
   Bing	
   to	
   both	
   websites	
   and	
   mobile	
   devices.	
  
Targeting	
   is	
   getting	
   better.	
   Facebook	
   has	
   launched	
   options	
   for	
   Broad	
   Targeting	
   or	
   Precise	
  
Targeting,	
  enabling	
  the	
  advertiser	
  to	
  handpick	
  interests	
  by	
  category	
  or	
  keyword	
  for	
  who	
  should	
  
receive	
  their	
  ad.	
  	
  
	
  
Google	
  predicts	
  that	
  by	
  2015,	
  75%	
  of	
  display	
  ads	
  will	
  become	
  socially-­‐enabled,	
  meaning	
  the	
  ads	
  
themselves	
   will	
   be	
   interactive	
   and	
   integrated	
   into	
   social	
   activity.3	
   	
   There	
   will	
   be	
   a	
   major	
   shift	
   in	
  
focus	
   from	
   the	
   consumer	
   to	
   mobile	
   devices,	
   and	
   advertisers	
   will	
   follow,	
   making	
   the	
   mobile	
  
screen	
  the	
  primary	
  place	
  to	
  advertise	
  by	
  2015.	
  In	
  addition,	
  more	
  than	
  half	
  of	
  online	
  ads	
  will	
  also	
  
contain	
   video	
   as	
   advertisers	
   look	
   for	
   ways	
   to	
   cut	
   through	
   the	
   distraction	
   of	
   the	
   surrounding	
  
environments,	
  while	
  aiming	
  to	
  provide	
  a	
  richer	
  and	
  more	
  engaging	
  experience.	
  
	
  
	
  
	
  
	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  
3	
  Google,	
  “Seven	
  Display	
  Ad	
  Predictions”	
  


©	
  Market	
  Torque	
  and	
  Sinuate	
  Media,	
  2012                                                                                                                                                                          5
	
  
 
2012	
  Social	
  Media	
  Status	
  Update	
  
	
  
	
  


2. What	
  You	
  Need	
  to	
  Know	
  
	
  
In	
  this	
  section,	
  each	
  of	
  the	
  major	
  social	
  media	
  tools	
  is	
  given	
  a	
  score	
  based	
  upon	
  how	
  well	
  they	
  
serve	
   the	
   marketing	
   needs	
   of	
   small	
   businesses.	
   Because	
   small	
   and	
   large	
   businesses	
   have	
  
different	
  needs,	
  the	
  grades	
  would	
  be	
  different	
  for	
  large	
  organizations.	
  As	
  marketing	
  consultants	
  
specializing	
  in	
  the	
  digital	
  and	
  small	
  business	
  marketing	
  spaces,	
  we	
  share	
  our	
  experience	
  of	
  the	
  
Good	
  and	
  the	
  Bad	
  features	
  of	
  each	
  tool	
  to	
  help	
  entrepreneurs,	
  business	
  owners	
  and	
  marketing	
  
executives	
  determine	
  their	
  optimal	
  mix.	
  	
  We	
  start	
  this	
  section	
  with	
  a	
  scoring	
  guideline.	
  
	
  


       How	
  We	
  Scored:	
  

       A	
  –	
  Overall,	
  it	
  meets	
  the	
  needs	
  of	
  small	
  business	
  and	
  may	
  generate	
  a	
  positive	
  impact.	
  It	
  is	
  
       within	
  a	
  reasonable	
  budget	
  to	
  implement	
  and	
  provides	
  the	
  best	
  amount	
  of	
  exposure	
  for	
  the	
  
       effort.	
  	
  

       B	
  –	
  Can	
  serve	
  a	
  small	
  business	
  in	
  generating	
  exposure	
  but	
  may	
  take	
  either	
  more	
  effort	
  or	
  
       funding	
   than	
   other	
   options.	
   Typically,	
   can	
   be	
   implemented	
   with	
   additional	
   external	
  
       assistance.	
  

       C	
  –	
  Rarely	
  recommended	
  due	
  to	
  significant	
  technology	
  knowledge,	
  funding,	
  and/or	
  creative	
  
       expertise	
  needed	
  in	
  order	
  to	
  successfully	
  leverage	
  the	
  tool.	
  

       D	
   –	
   Not	
   recommended	
   for	
   marketing	
   a	
   small	
   business.	
   Either	
   not	
   the	
   right	
   audience,	
   or	
  
       requires	
  too	
  much	
  financial	
  investment	
  with	
  uncertain	
  return	
  on	
  exposure.	
  


	
  
Facebook
GRADE: A	
  
In	
   2012,	
   Facebook	
   continues	
   to	
   dominate	
   the	
   social	
   media	
   scene.	
   Nearing	
   the	
   one	
   billion-­‐
member	
   mark,	
   for	
   most	
   businesses,	
   it	
   makes	
   sense	
   to	
   have	
   a	
   presence	
   there	
   through	
   a	
   Page	
  
and/or	
  advertising.	
  	
  
	
  
However,	
   this	
   year	
   has	
   been	
   full	
   of	
   changes	
   for	
   the	
   social	
   networking	
   behemoth.	
   In	
   March,	
   they	
  
rolled	
   out	
   major	
   changes	
   to	
   their	
   design	
   with	
   the	
   launch	
   of	
   Timeline,	
   a	
   departure	
   from	
   the	
   Wall	
  
as	
  we	
  knew	
  it.	
  Having	
  gone	
  public	
  in	
  May	
  2012,	
  Facebook	
  is	
  increasingly	
  looking	
  for	
  new	
  ways	
  
to	
  monetize	
  as	
  they	
  transition	
  from	
  a	
  social	
  networking	
  to	
  “primarily	
  an	
  advertising	
  platform,”	
  
as	
  a	
  Facebook	
  executive	
  recently	
  stated.	
  We	
  can	
  expect	
  to	
  see	
  ads	
  change	
  in	
  response	
  to	
  this.	
  	
  
	
  
The	
  Good:	
  
For	
   businesses,	
   their	
   most	
   beneficial	
   tool	
   provides	
   the	
   ability	
   to	
   create	
   a	
   business	
   page	
   that	
  
creates	
  a	
  platform	
  for	
  recruiting	
  and	
  communicating	
  with	
  people	
  who	
  are	
  asked	
  to	
  “like”	
  your	
  
page	
  (equivalent	
  to	
  a	
  “fan”).	
  It	
  is	
  free	
  to	
  sign	
  up	
  and	
  gets	
  added	
  points	
  for	
  increasing	
  the	
  ability	
  

©	
  Market	
  Torque	
  and	
  Sinuate	
  Media,	
  2012                                                                                                6	
  
 
2012	
  Social	
  Media	
  Status	
  Update	
  
	
  



to	
   brand	
   the	
   page	
   in	
   keeping	
   with	
   your	
   company’s	
   look	
   and	
   feel.	
   Insights,	
   or	
   page	
   analytics,	
  
provide	
  valuable	
  data	
  about	
  the	
  audience	
  of	
  the	
  fans,	
  which	
  lean	
  and	
  intelligent	
  companies	
  can	
  
leverage	
   for	
   their	
   interactive	
   marketing	
   plans.	
   For	
   more	
   advanced	
   users,	
   Facebook	
   also	
  
provides	
   the	
   ability	
   to	
   integrate	
   aspects	
   of	
   the	
   page	
   into	
   the	
   business’s	
   website,	
   enabling	
  
positive	
  cross-­‐promotion.	
  Plus,	
  who	
  doesn’t	
  want	
  to	
  leverage	
  an	
  audience	
  of	
  nearly	
  one	
  billion	
  
potential	
  customers?	
  	
  In	
  addition,	
  highly	
  sophisticated	
  and	
  recently	
  enhanced	
  targeting	
  allows	
  
you	
   to	
   identify	
   prospective	
   users	
   efficiently	
   saving	
   costs	
   in	
   travel,	
   tradeshows	
   and	
   other	
  
traditional	
  targeting	
  methods.	
  
	
  
The	
  Bad:	
  
Like	
   most	
   social	
   media,	
   managing	
   a	
   Facebook	
   Page	
   is	
   a	
   time	
   commitment,	
   and	
   can	
   come	
   with	
  
some	
   stumbling.	
   This	
   is	
   a	
   challenge	
   for	
   smaller	
   businesses	
   with	
   limited	
   resources.	
   	
   Outsourcing	
  
the	
  management	
  and	
  maintenance	
  with	
  teams	
  including	
  consultants	
  and	
  interns	
  is	
  a	
  legitimate	
  
solution.	
   	
   It	
   also	
   may	
   take	
   some	
   time	
   to	
   build	
   up	
   your	
   audience	
   to	
   a	
   meaningful	
   threshold	
   as	
  
well	
  as	
  post	
  content	
  that	
  resonates	
  with	
  those	
  fans.	
  	
  
	
  
Advertising	
   tends	
   to	
   be	
   more	
   expensive	
   than	
   others	
   and	
   click	
   thru	
   rates	
   are	
   lower	
   than	
  
networks	
   like	
   Google	
   and	
   Bing.	
   They	
   believe	
   the	
   higher	
   cost	
   is	
   justified	
   since	
   they	
   are	
   able	
   to	
  
target	
   by	
   more	
   detailed	
   options	
   such	
   as	
   interest	
   and	
   activity,	
   such	
   as	
   other	
   pages	
   liked	
   on	
  
Facebook.	
  	
  
	
  
Twitter
GRADE: B+	
  
The	
   microblogging	
   site,	
   Twitter,	
   has	
   not	
   yet	
  
reached	
   its	
   saturation	
   point.	
   In	
   fact,	
   it	
   is	
  
continuing	
  to	
  grow	
  at	
  a	
  rate	
  faster	
  than	
  Facebook.	
  
Since	
  it	
  does	
  have	
  a	
  smaller	
  member	
  base,	
  there	
  is	
  
more	
   room	
   to	
   continue	
   growth.	
   It	
   is	
   expected	
   to	
  
obtain	
  5M	
  more	
  members	
  in	
  2012,	
  bringing	
  them	
  
up	
  to	
  28.7M	
  total.	
  	
  
	
  
Who	
  are	
  these	
  new	
  visitors?	
  Primarily	
  18-­‐24	
  year	
  
olds4	
   are	
   flocking	
   to	
   Twitter.	
   For	
   businesses	
  
looking	
   to	
   reach	
   this	
   market,	
   Twitter	
   may	
   be	
  
worth	
   the	
   time	
   investment	
   to	
   engage	
   them	
   there.	
  	
  
For	
   25-­‐34	
   year	
   olds,	
   there	
   has	
   been	
   a	
   decline	
   (as	
  
perhaps	
   many	
   of	
   these	
   users	
   are	
   now	
   spending	
  
time	
  on	
  Pinterest),	
  along	
  with	
  users	
  over	
  64.	
  	
  	
  
	
  
	
  

	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  
4
             eMarketer, June 13, 2012, “Daily Twitter Use on the Rise” http://www.emarketer.com/Article.aspx?R=1009113
	
  

©	
  Market	
  Torque	
  and	
  Sinuate	
  Media,	
  2012                                                                                                                                                                          7
	
  
 
2012	
  Social	
  Media	
  Status	
  Update	
  
	
  
	
  


The	
  Good:	
  
Twitter	
  is	
  an	
  excellent	
  resource	
  for	
  the	
  right	
  kind	
  of	
  business.	
  It	
  provides	
  a	
  robust	
  platform	
  for	
  
timely	
   conversation	
   and	
   pushing	
   out	
   relevant	
   information	
   on	
   current	
   trends,	
   topics	
   and	
  
targeted	
  updates.	
  It	
  is	
  easy	
  to	
  set	
  up	
  and	
  integrate	
  into	
  other	
  platforms	
  such	
  as	
  Facebook	
  and	
  
the	
  blog	
  publishing	
  tool,	
  Wordpress.	
  It	
  is	
  also	
  an	
  excellent	
  tool	
  for	
  researching	
  the	
  latest	
  trends	
  
globally	
  or	
  regionally.	
  	
  
	
  
The	
  Bad:	
  
The	
   biggest	
   complaint	
   smaller	
   businesses	
   have	
   about	
   Twitter	
   is	
   that	
   they	
   still	
   “don’t	
   get	
   it.”	
  
Much	
   of	
   this	
   concern	
   can	
   be	
   attributed	
   to	
   the	
   fact	
   that	
   the	
   businesses	
   don’t	
   really	
   know	
   what	
   to	
  
say,	
  how	
  they	
  will	
  be	
  perceived,	
  and	
  how	
  they	
  will	
  attract	
  other	
  members.	
  It	
  also	
  gets	
  knocked	
  
down	
  a	
  point	
  for	
  lack	
  of	
  insights	
  or	
  analytics.	
  	
  On	
  the	
  right	
  is	
  a	
  chart	
  forecasting	
  the	
  growth	
  of	
  
Facebook	
  and	
  Twitter	
  users.	
  
	
  
	
  
LinkedIn
GRADE: A-	
  
LinkedIn	
  has	
  securely	
  carved	
  out	
  its	
  place	
  as	
  the	
  only	
  business-­‐to-­‐business	
  social	
  network.	
  
While	
  some	
  think	
  of	
  the	
  site	
  as	
  just	
  a	
  collection	
  of	
  resumes,	
  those	
  that	
  use	
  it	
  to	
  virtually	
  “work	
  
the	
  room”	
  get	
  much	
  more	
  out	
  of	
  it.	
  	
  
	
  
The	
  Good:	
  
LinkedIn	
  is	
  where	
  connections	
  come	
  to	
  life,	
  and	
  for	
  the	
  business	
  community,	
  it	
  can	
  be	
  like	
  
panning	
  for	
  gold.	
  As	
  a	
  great	
  repository	
  of	
  information,	
  many	
  companies	
  are	
  finding	
  success	
  in	
  
using	
  LinkedIn	
  for	
  competitive	
  research,	
  to	
  search	
  for	
  trending	
  topics	
  that	
  can	
  spark	
  content	
  for	
  
blogs	
  &	
  newsletters,	
  and	
  to	
  showcase	
  one’s	
  expertise.	
  	
  It	
  also	
  allows	
  you	
  to	
  post	
  questions	
  to	
  
your	
  groups,	
  participate	
  in	
  discussions	
  and	
  target	
  specific	
  groups	
  virtually.	
  It	
  is	
  very	
  simple	
  to	
  
maintain	
  once	
  you	
  have	
  set	
  up	
  a	
  LinkedIn	
  profile.	
  
	
  
With	
  their	
  recent	
  acquisition	
  of	
  SlideShare,	
  the	
  presentation-­‐sharing	
  site,	
  we	
  can	
  expect	
  to	
  see	
  
improvements	
  in	
  the	
  way	
  content	
  is	
  shared	
  throughout	
  LinkedIn.	
  
	
  
The	
  Bad:	
  
Some	
  may	
  be	
  hesitant	
  to	
  share	
  their	
  connections	
  with	
  others	
  or	
  give	
  away	
  too	
  much	
  
background	
  information,	
  so	
  crafting	
  your	
  personal	
  brand	
  truly	
  elevates	
  in	
  importance	
  here.	
  
Expect	
  to	
  get	
  invitations	
  to	
  connect	
  from	
  people	
  you	
  do	
  not	
  know,	
  especially	
  job	
  seekers	
  and	
  
salespeople.	
  Determine	
  who	
  truly	
  is	
  a	
  legitimate	
  connection	
  (you	
  know	
  the	
  person	
  or	
  have	
  a	
  
mutual	
  contact)	
  before	
  accepting	
  the	
  request.	
  	
  
	
  
	
  
	
  
	
  
	
  
	
  

©	
  Market	
  Torque	
  and	
  Sinuate	
  Media,	
  2012                                                                                                    8	
  
 
2012	
  Social	
  Media	
  Status	
  Update	
  
	
  



YouTube
GRADE: B	
  
The	
  majority	
  of	
  video-­‐sharing	
  sites	
  have	
  shuttered	
  as	
  the	
  cost	
  of	
  hosting	
  video	
  has	
  risen.	
  
However,	
  YouTube,	
  with	
  its	
  integration	
  with	
  Google	
  search	
  and	
  Facebook	
  for	
  sharing,	
  has	
  
reigned	
  as	
  the	
  leading	
  video	
  sharing	
  website.	
  But	
  for	
  the	
  business	
  community,	
  the	
  value	
  of	
  
YouTube	
  truly	
  depends	
  on	
  one’s	
  industry.	
  For	
  many	
  small	
  companies,	
  they	
  struggle	
  with	
  
developing	
  video	
  content	
  for	
  numerous	
  reasons,	
  particularly	
  cost	
  and	
  content.	
  	
  
	
  
The	
  Good:	
  
Now	
  with	
  improved	
  analytics	
  and	
  a	
  change	
  in	
  profile	
  layout,	
  YouTube	
  can	
  be	
  more	
  meaningful	
  
to	
  marketers	
  who	
  want	
  to	
  know	
  what	
  kind	
  of	
  influence	
  their	
  video	
  content	
  is	
  having.	
  Video	
  is	
  
increasingly	
  prevalent	
  online	
  and	
  can	
  increase	
  the	
  time	
  spent	
  on	
  one’s	
  website.	
  	
  
	
  
The	
  Bad:	
  
The	
  biggest	
  challenge,	
  and	
  the	
  reasons	
  YouTube	
  received	
  a	
  lower	
  mark	
  is	
  because	
  small	
  
businesses	
  have	
  a	
  serious	
  issue	
  will	
  developing	
  affordable,	
  effective,	
  and	
  interesting	
  video	
  
content.	
  Without	
  video	
  content,	
  YouTube	
  cannot	
  provide	
  much	
  value	
  to	
  the	
  business	
  and	
  stalls	
  
them	
  from	
  embracing	
  video	
  content	
  marketing.	
  	
  
	
  
There	
  are	
  two	
  new	
  social	
  networks	
  vying	
  for	
  attention:	
  Google+	
  and	
  Pinterest.	
  Though	
  
they	
  have	
  been	
  around	
  for	
  a	
  short	
  time,	
  both	
  have	
  received	
  a	
  lot	
  of	
  attention,	
  especially	
  
as	
  brands	
  begin	
  to	
  dabble	
  in	
  using	
  them	
  as	
  marketing	
  tools.	
  
	
  


Google+
GRADE: B-	
  
After	
  some	
  unsuccessful	
  attempts	
  at	
  launching	
  
a	
  social	
  network,	
  many	
  are	
  wondering	
  if	
  
Google+	
  is	
  the	
  one	
  that	
  works.	
  It	
  grew	
  to	
  25	
  
million	
  visitors	
  in	
  less	
  than	
  a	
  month,	
  making	
  it	
  
the	
  fastest	
  growing	
  social	
  network	
  ever.	
  
However,	
  Google	
  has	
  a	
  leg	
  up	
  compared	
  to	
  
other	
  start-­‐up	
  networks.	
  Its	
  “embeddedness”	
  
into	
  our	
  culture	
  with	
  Gmail,	
  YouTube,	
  etc.	
  has	
  
made	
  its	
  “learning	
  curve”	
  shorter	
  and	
  its	
  sign	
  
up	
  easier.	
  	
  
	
  
William	
  Sonoma,	
  Zagat,	
  and	
  MAKE	
  magazine	
  are	
  brands	
  actively	
  using	
  Google+.	
  It	
  is	
  a	
  space	
  to	
  
watch	
  in	
  2013	
  as	
  more	
  brands	
  test	
  out	
  customer	
  engagement	
  with	
  their	
  Google+	
  Pages.	
  	
  
	
  



©	
  Market	
  Torque	
  and	
  Sinuate	
  Media,	
  2012                                                                                    9
	
  
 
2012	
  Social	
  Media	
  Status	
  Update	
  
	
  
	
  


Pinterest
GRADE: B+
	
  
Pinterest,	
  a	
  virtual	
  pin	
  boards	
  network,	
  has	
  
been	
  readily	
  adopted	
  by	
  creative	
  types	
  and	
  the	
  
brands	
  that	
  attract	
  them.	
  Real	
  Simple	
  (see	
  
example	
  on	
  right),	
  L’Occitane,	
  Lacoste,	
  and	
  
Sephora	
  are	
  some	
  of	
  the	
  brands	
  that	
  are	
  
embracing	
  the	
  new	
  phenomenon	
  and	
  pinning	
  
photos.	
  The	
  site	
  caters	
  to	
  the	
  shortened	
  
attention	
  span	
  by	
  offering	
  a	
  simple	
  product	
  
that	
  primarily	
  relies	
  on	
  visual	
  elements.	
  The	
  
site	
  also	
  skews	
  heavily	
  female—80%	
  of	
  its	
  
members	
  are	
  female,	
  with	
  the	
  majority	
  aged	
  
25-­‐445.	
  
	
  
Supported	
  by	
  direct	
  integration	
  with	
  Facebook	
  and	
  Twitter,	
  they	
  have	
  succeeded	
  in	
  eliminating	
  
the	
  need	
  to	
  create	
  a	
  separate	
  profile	
  on	
  Pinterest,	
  which	
  is	
  ideal	
  as	
  consumers	
  are	
  feeling	
  	
  	
  	
  
social	
  media	
  fatigue.	
  	
  
	
  
	
  
	
  
3. Addressing	
  Challenges	
  
	
  
Throughout	
  this	
  whitepaper,	
  we	
  have	
  discussed	
  general	
  trends	
  in	
  social	
  media,	
  why	
  social	
  
media	
  can	
  be	
  valuable	
  for	
  small	
  businesses,	
  as	
  well	
  as	
  the	
  tools	
  that	
  can	
  be	
  helpful.	
  	
  In	
  deciding	
  
on	
  how	
  to	
  optimize	
  your	
  social	
  media	
  presence,	
  there	
  are	
  three	
  main	
  challenges	
  you	
  will	
  likely	
  
or	
  have	
  already	
  encountered.	
  	
  This	
  section	
  is	
  devoted	
  to	
  our	
  recommendations	
  for	
  addressing	
  
each	
  of	
  these	
  challenges.	
  	
  
	
  
Challenge	
  #1:	
  Creating	
  Content	
  
The	
  major	
  challenges	
  businesses	
  now	
  face	
  with	
  managing	
  their	
  social	
  presence	
  is	
  the	
  constant	
  
development	
  of	
  content.	
  	
  
	
  
Simple	
  and	
  efficient	
  ways	
  to	
  develop	
  content	
  for	
  your	
  social	
  profiles	
  are	
  to	
  look	
  at	
  existing	
  
marketing	
  and	
  sales	
  material,	
  such	
  as	
  white	
  papers,	
  newsletters,	
  articles	
  written	
  for	
  trade	
  
publications,	
  or	
  training	
  material	
  written	
  for	
  clients.	
  Often	
  times,	
  these	
  pieces	
  can	
  be	
  broken	
  
down	
  into	
  smaller	
  chunks	
  suitable	
  for	
  social	
  media.	
  
	
  
Don’t	
  forget	
  to	
  look	
  at	
  what	
  marketing	
  is	
  already	
  happening	
  for	
  your	
  business,	
  such	
  as	
  attending	
  
trade	
  shows	
  or	
  speaking	
  engagements.	
  Photos,	
  video,	
  and	
  even	
  information	
  promoting	
  these	
  
events	
  will	
  contain	
  valuable	
  information	
  that	
  can	
  be	
  posted	
  to	
  Facebook,	
  Twitter,	
  and	
  others.	
  	
  
	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  
5	
  Living	
  the	
  Path,	
  April	
  2012,	
  http://community.pathoftheblueeye.com/Data/data-­‐pinterests-­‐user-­‐demographics-­‐
april-­‐2012	
  	
  
©	
  Market	
  Torque	
  and	
  Sinuate	
  Media,	
  2012                                                                                                                                                                        10	
  
 
2012	
  Social	
  Media	
  Status	
  Update	
  
	
  



	
  
Challenge	
  #2:	
  Leveraging	
  Connections	
  
While	
  some	
  businesses	
  may	
  easily	
  collect	
  new	
  fans,	
  they	
  will	
  now	
  be	
  looking	
  to	
  leveraging	
  those	
  
connections	
  to	
  turn	
  into	
  actual	
  customers.	
  	
  
	
  
For	
  those	
  in	
  a	
  business-­‐to-­‐business	
  environment	
  or	
  even	
  online	
  business,	
  social	
  media	
  can	
  be	
  
beneficial	
  for	
  warming	
  sales	
  leads.	
  Having	
  an	
  integrated	
  marketing	
  campaign	
  will	
  go	
  a	
  long	
  way	
  
to	
  do	
  this.	
  This	
  means	
  your	
  sales	
  efforts,	
  email	
  marketing,	
  and	
  offline	
  marketing	
  support	
  your	
  
social	
  media.	
  On	
  the	
  flip	
  side,	
  your	
  social	
  media	
  should	
  publicize	
  contacts	
  at	
  your	
  companies	
  for	
  
customer	
  service	
  or	
  sales	
  questions,	
  encourage	
  newsletter	
  sign	
  ups,	
  and	
  direct	
  potential	
  leads	
  
to	
  in-­‐person	
  events	
  and	
  meetings.	
  	
  
	
  
For	
  those	
  in	
  a	
  retail	
  environment,	
  social	
  media	
  can	
  be	
  very	
  useful	
  to	
  promote	
  sales,	
  rebates,	
  
coupon	
  codes,	
  and	
  other	
  promotions	
  for	
  customers.	
  Proactively	
  promoting	
  and	
  submitting	
  
coupon	
  codes	
  to	
  sites	
  such	
  as	
  RetailMeNot.com	
  and	
  CouponChief.com	
  is	
  a	
  way	
  to	
  support	
  such	
  
efforts.	
  
	
  
	
  
Challenge	
  #3:	
  Investing	
  Wisely	
  in	
  a	
  Changing	
  Landscape	
  	
  
What	
  is	
  your	
  money	
  and	
  time	
  best	
  spent	
  on	
  when	
  it	
  comes	
  to	
  social	
  media?	
  That	
  is	
  the	
  question	
  
that	
  many	
  businesses	
  have,	
  especially	
  when	
  there	
  seems	
  to	
  be	
  new	
  “It”	
  tools	
  launching	
  each	
  
day.	
  This	
  was	
  especially	
  true	
  earlier	
  on	
  in	
  the	
  lifecycle	
  of	
  social	
  media	
  when	
  sites	
  like	
  Friendster	
  
and	
  MySpace	
  popped	
  onto	
  the	
  scene,	
  and	
  then	
  fizzled	
  out.	
  However,	
  social	
  media	
  has	
  since	
  
evolved	
  and	
  the	
  platforms	
  are	
  much	
  more	
  engrained	
  into	
  our	
  culture	
  than	
  its	
  predecessors.	
  	
  
	
  
With	
  membership	
  in	
  the	
  millions	
  of	
  users,	
  nearly	
  every	
  business	
  can	
  now	
  make	
  the	
  case	
  to	
  
invest	
  in	
  one	
  or	
  more	
  social	
  networks.	
  A	
  combination	
  of	
  content	
  on	
  owned	
  properties	
  of	
  the	
  
business	
  (a	
  company	
  website,	
  blog)	
  with	
  presence	
  on	
  social	
  networks	
  (Facebook,	
  Pinterest,	
  
etc.)	
  provides	
  both	
  a	
  comprehensive	
  presence	
  for	
  the	
  business	
  as	
  well	
  as	
  the	
  opportunity	
  to	
  
protect	
  the	
  investment.	
  	
  Repurposing	
  content	
  across	
  all	
  channels	
  is	
  also	
  an	
  ideal	
  way	
  to	
  get	
  
more	
  mileage	
  from	
  your	
  work.	
  	
  
	
  
	
  




©	
  Market	
  Torque	
  and	
  Sinuate	
  Media,	
  2012                                                                                   11
	
  
 
2012	
  Social	
  Media	
  Status	
  Update	
  
	
  
	
  


4. Resources	
  
	
  
Social	
  Media	
  News	
  &	
  Tips	
  
Mashable—www.mashable.com	
  	
  
Social	
  Media	
  Examiner—www.socialmediaexaminer.com	
  	
  
Social	
  Media	
  Explorer—www.socialmediaexplorer.com	
  	
  
The	
  Social	
  Media	
  Marketing	
  Blog—www.scottmonty.com	
  	
  
SEOmoz	
  Blog—www.seomoz.org/blog	
  	
  
Brian	
  Solis—www.briansolis.com	
  	
  
Social	
  Media	
  Today—http://socialmediatoday.com	
  	
  
	
  
Social	
  Networks	
  &	
  Platforms	
  
Facebook—www.facebook.com	
  
Twitter—www.twitter.com	
  
LinkedIn—www.linkedin.com	
  
YouTube—www.youtube.com	
  	
  
Pinterest—www.pinterest.com	
  	
  
Google+—www.google.com/plus	
  
	
  
Blogging	
  &	
  Web	
  Publishing	
  Tools	
  
WordPress—www.wordpress.com	
  /	
  www.wordpress.org	
  	
  
Tumblr—www.tumblr.com	
  
Blogger—www.blogger.com	
  	
  
HubSpot—www.hubspot.com	
  	
  
	
  
Social	
  Media	
  Tools	
  
	
  
HootSuite—www.hootsuite.com	
  
Management	
  tool	
  for	
  posting	
  &	
  scheduling	
  updates	
  to	
  a	
  range	
  of	
  social	
  networks.	
  
	
  
Cyfe—www.cyfe.com	
  	
  
For	
  metric-­‐lovers,	
  an	
  analytics	
  dashboard	
  for	
  monitoring	
  the	
  progress	
  of	
  your	
  social	
  networking	
  
profile	
  &	
  web	
  traffic.	
  	
  
	
  
Involver—www.involver.com	
  	
  
Apps	
  for	
  Facebook	
  Pages,	
  like	
  Twitter,	
  Slides,	
  Contests	
  
	
  
Wildfire	
  Interactive—www.wildfireinteractive.com	
  	
  	
  
Apps	
  for	
  Facebook	
  Pages	
  
	
  
Tabsite—www.tabsite.com	
  
Apps	
  for	
  Facebook	
  Pages,	
  for	
  running	
  contests,	
  posting	
  photos,	
  email	
  signup	
  forms,	
  and	
  more	
  




©	
  Market	
  Torque	
  and	
  Sinuate	
  Media,	
  2012                                                                         12	
  

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The 2012 Social Media Status Update

  • 1.                           2012  Social  Media  Status  Update   Leah  Messina  │ CEO  of  Sinuate  Media     Emily  Summers  │ Principal  of  Market  Torque                                 October 2012    
  • 2.   2012  Social  Media  Status  Update         About  Sinuate  Media   Sinuate   Media   is   The   Organic   Marketing   Company.   We   envision   and   execute   digital   marketing   strategies   that   encompass   custom   crafted   solutions   for   unique   companies.     From  the  spark  of  an  initial  idea  to  a  fully  engaged  plan,  Sinuate  Media  provides  a  single   source  for  all  digital  marketing  needs.       Contact:       Leah  Messina,  CEO   443.992.4691   leah@sinuatemedia.com   sinuatemedia.com   facebook.com/sinuatemedia       About  Market  Torque   Market  Torque  is  committed  to  bringing  fresh  ideas  sparked  by  rigorous  research  and   intellect   to   new   start-­‐ups   and   ventures.   Our   core   mission   is   to   provide   strategic   marketing  advisory  services  to  companies  that  are  looking  for  fast  growth  and  getting   traction   in   creative   ways.   We   are   entrepreneurs   who   are   passionate   about   helping   companies  engage  their  audiences  in  meaningful  ways.     Contact:       Emily  Summers,  Principal   703.869.2538   esummers@markettorque.com   markettorque.com   facebook.com/markettorque                           ©  Market  Torque  and  Sinuate  Media,  2012 2  
  • 3.   2012  Social  Media  Status  Update         Who should read this: Entrepreneurs, business owners, and marketing executives who want to know more about the most important and effective components of a successful social media campaign.         Table  of  Contents     1.   Introduction—The  Current  State  of  Social  Media .................................4   2.   Why  You  Should  Care.........................................................................................5   3.   What  You  Need  to  Know...................................................................................6   4.   Addressing  Challenges.................................................................................... 10   5.   Resources ............................................................................................................. 12                                   ©  Market  Torque  and  Sinuate  Media,  2012 3  
  • 4.   2012  Social  Media  Status  Update       Introduction—The  Current  State  of  Social  Media       Since  its  inception,  social  media  has  been  on  a  path  of  rapid  advancement.  Though  it  has   been   only   a   few   years   since   “social   media”   became   the   buzzword   in   marketing   and   consumer  circles  alike,  the  advent  of  digital  and  mobile  technologies  have  skyrocketed   its  usage  so  much  so  that  it  has  become  ingrained  in  nearly  everyone’s  life.       While  consumers  are  quick  to  adopt  the  new  technology,  marketers  rush  to  adopt.  The   purpose   of   the   Annual   Social   Media   Status   Update   is   to   help   entrepreneurs,   business   owners  and  marketing  executives  see  where  the  technology  stands  and  what  lies  on  the   horizon  each  year.       Social   media   is   ubiquitous   among   all   ages,   demographics,   and   most   geographic   locations.1   In   the   United   States,   the   birthplace   of   many   of   the   social   networking   tools   that   have   gained   in   popularity,   penetration   has   been   especially   high   with   98%   of   the   population  using  social  networking.2     Social  media  makes  lives  easier  but  also  causes  more  disruptions  since  consumers  are   now  always  “connected.”  And  it  is  not  just  for  fun.  While  social  media  has  changed  the   landscape   of   peer   interactions,   it   also   has   infiltrated   and   changed   the   operations   of   search   engine   navigation,   retail   and   e-­‐commerce,   political   campaigning,   customer   relationship  management,  and  sales.       In   addition,   while   it   is   true   that   women   once   adapted   to   social   media   at   a   faster   rate   than  men,  they  are  no  longer  the  fastest  growing  group.  In  fact,  that  accolade  belongs  to   males  and  users  who  are  55+.       The   younger,   Digital   Natives,   prefer   the   interaction   and   depth   of   social   networking.   Email   and   instant   messaging   are   aging   technologies   for   which   they   have   declining   interest.       Though  first  introduced  in  2010,  mobile  technology  has  gained  tremendous  adoption  in   2012  with  the  increased  comfort  with  Apps,  App  Stores,  and  new  ways  to  create  content   via  mobile  to  share  socially.  Entrepreneurs,  business  owners  and  marketing  executives   are   faced   with   the   dilemma   of   reaching   consumers   on   multiple   screens—television,   computer,   tablet,   and   mobile   phone—and   finding   ways   to   engage   socially   on   each   platform,  sometimes  simultaneously.                                                                                                                       1  Pew  Internet   2  ComScore  Media  Metrics,  October  2011     ©  Market  Torque  and  Sinuate  Media,  2012 4  
  • 5.   2012  Social  Media  Status  Update     1. Why  You  Should  Care       Whether   your   customers   are   consumers   or   other   businesses,   having   some   social   aspect   is   important.  Below  are  three  main  reasons  that  building  and  maintaining  a  strong  social  presence   makes  sense  for  entrepreneurs  and  marketing  executives.       Marketing  Presence  has  a  New  Definition   Of  the  Top  100  Inc.  Fastest  Growing  Companies,  nearly  77%  of  them  are  on  Facebook  and  71%   on   LinkedIn.     These   are   two   must-­‐have   social   networking   tools   for   2012.   For   those   with   additional  abilities  to  invest  resources  into  their  social  media  marketing,  Twitter  and  YouTube   are   the   next   most   popular.   Sixty-­‐six   percent   of   businesses   on   the   Inc.   Fastest   Growing   Companies  list  are  on  Twitter,  followed  by  32%  on  YouTube.  Less  than  9%  are  not  using  social   media.     Your  Customers  are  Online   Inevitably,  customers  will  take  to  social  media   to  complain  about  a  product,  service,  or  brand   when   they   are   unhappy.   Businesses   must   listen   and   monitor   these   conversations   to   protect   their   brands   and   address   customer   issues   before   they   potentially   escalate   into   a   public   relations   nightmare.   For   example,   JetBlue   Airways   uses   Tweets   to   push   out   information  about  flights  (see  right).     Targeting  is  at  Your  Fingertips   Digital  advertising  has  made  tremendous  advances  in  the  last  year.  It  is  now  possible  to  set  up   and   run   campaigns   from   Google   AdWords   and   Bing   to   both   websites   and   mobile   devices.   Targeting   is   getting   better.   Facebook   has   launched   options   for   Broad   Targeting   or   Precise   Targeting,  enabling  the  advertiser  to  handpick  interests  by  category  or  keyword  for  who  should   receive  their  ad.       Google  predicts  that  by  2015,  75%  of  display  ads  will  become  socially-­‐enabled,  meaning  the  ads   themselves   will   be   interactive   and   integrated   into   social   activity.3     There   will   be   a   major   shift   in   focus   from   the   consumer   to   mobile   devices,   and   advertisers   will   follow,   making   the   mobile   screen  the  primary  place  to  advertise  by  2015.  In  addition,  more  than  half  of  online  ads  will  also   contain   video   as   advertisers   look   for   ways   to   cut   through   the   distraction   of   the   surrounding   environments,  while  aiming  to  provide  a  richer  and  more  engaging  experience.                                                                                                                         3  Google,  “Seven  Display  Ad  Predictions”   ©  Market  Torque  and  Sinuate  Media,  2012 5  
  • 6.   2012  Social  Media  Status  Update       2. What  You  Need  to  Know     In  this  section,  each  of  the  major  social  media  tools  is  given  a  score  based  upon  how  well  they   serve   the   marketing   needs   of   small   businesses.   Because   small   and   large   businesses   have   different  needs,  the  grades  would  be  different  for  large  organizations.  As  marketing  consultants   specializing  in  the  digital  and  small  business  marketing  spaces,  we  share  our  experience  of  the   Good  and  the  Bad  features  of  each  tool  to  help  entrepreneurs,  business  owners  and  marketing   executives  determine  their  optimal  mix.    We  start  this  section  with  a  scoring  guideline.     How  We  Scored:   A  –  Overall,  it  meets  the  needs  of  small  business  and  may  generate  a  positive  impact.  It  is   within  a  reasonable  budget  to  implement  and  provides  the  best  amount  of  exposure  for  the   effort.     B  –  Can  serve  a  small  business  in  generating  exposure  but  may  take  either  more  effort  or   funding   than   other   options.   Typically,   can   be   implemented   with   additional   external   assistance.   C  –  Rarely  recommended  due  to  significant  technology  knowledge,  funding,  and/or  creative   expertise  needed  in  order  to  successfully  leverage  the  tool.   D   –   Not   recommended   for   marketing   a   small   business.   Either   not   the   right   audience,   or   requires  too  much  financial  investment  with  uncertain  return  on  exposure.     Facebook GRADE: A   In   2012,   Facebook   continues   to   dominate   the   social   media   scene.   Nearing   the   one   billion-­‐ member   mark,   for   most   businesses,   it   makes   sense   to   have   a   presence   there   through   a   Page   and/or  advertising.       However,   this   year   has   been   full   of   changes   for   the   social   networking   behemoth.   In   March,   they   rolled   out   major   changes   to   their   design   with   the   launch   of   Timeline,   a   departure   from   the   Wall   as  we  knew  it.  Having  gone  public  in  May  2012,  Facebook  is  increasingly  looking  for  new  ways   to  monetize  as  they  transition  from  a  social  networking  to  “primarily  an  advertising  platform,”   as  a  Facebook  executive  recently  stated.  We  can  expect  to  see  ads  change  in  response  to  this.       The  Good:   For   businesses,   their   most   beneficial   tool   provides   the   ability   to   create   a   business   page   that   creates  a  platform  for  recruiting  and  communicating  with  people  who  are  asked  to  “like”  your   page  (equivalent  to  a  “fan”).  It  is  free  to  sign  up  and  gets  added  points  for  increasing  the  ability   ©  Market  Torque  and  Sinuate  Media,  2012 6  
  • 7.   2012  Social  Media  Status  Update     to   brand   the   page   in   keeping   with   your   company’s   look   and   feel.   Insights,   or   page   analytics,   provide  valuable  data  about  the  audience  of  the  fans,  which  lean  and  intelligent  companies  can   leverage   for   their   interactive   marketing   plans.   For   more   advanced   users,   Facebook   also   provides   the   ability   to   integrate   aspects   of   the   page   into   the   business’s   website,   enabling   positive  cross-­‐promotion.  Plus,  who  doesn’t  want  to  leverage  an  audience  of  nearly  one  billion   potential  customers?    In  addition,  highly  sophisticated  and  recently  enhanced  targeting  allows   you   to   identify   prospective   users   efficiently   saving   costs   in   travel,   tradeshows   and   other   traditional  targeting  methods.     The  Bad:   Like   most   social   media,   managing   a   Facebook   Page   is   a   time   commitment,   and   can   come   with   some   stumbling.   This   is   a   challenge   for   smaller   businesses   with   limited   resources.     Outsourcing   the  management  and  maintenance  with  teams  including  consultants  and  interns  is  a  legitimate   solution.     It   also   may   take   some   time   to   build   up   your   audience   to   a   meaningful   threshold   as   well  as  post  content  that  resonates  with  those  fans.       Advertising   tends   to   be   more   expensive   than   others   and   click   thru   rates   are   lower   than   networks   like   Google   and   Bing.   They   believe   the   higher   cost   is   justified   since   they   are   able   to   target   by   more   detailed   options   such   as   interest   and   activity,   such   as   other   pages   liked   on   Facebook.       Twitter GRADE: B+   The   microblogging   site,   Twitter,   has   not   yet   reached   its   saturation   point.   In   fact,   it   is   continuing  to  grow  at  a  rate  faster  than  Facebook.   Since  it  does  have  a  smaller  member  base,  there  is   more   room   to   continue   growth.   It   is   expected   to   obtain  5M  more  members  in  2012,  bringing  them   up  to  28.7M  total.       Who  are  these  new  visitors?  Primarily  18-­‐24  year   olds4   are   flocking   to   Twitter.   For   businesses   looking   to   reach   this   market,   Twitter   may   be   worth   the   time   investment   to   engage   them   there.     For   25-­‐34   year   olds,   there   has   been   a   decline   (as   perhaps   many   of   these   users   are   now   spending   time  on  Pinterest),  along  with  users  over  64.                                                                                                                           4 eMarketer, June 13, 2012, “Daily Twitter Use on the Rise” http://www.emarketer.com/Article.aspx?R=1009113   ©  Market  Torque  and  Sinuate  Media,  2012 7  
  • 8.   2012  Social  Media  Status  Update       The  Good:   Twitter  is  an  excellent  resource  for  the  right  kind  of  business.  It  provides  a  robust  platform  for   timely   conversation   and   pushing   out   relevant   information   on   current   trends,   topics   and   targeted  updates.  It  is  easy  to  set  up  and  integrate  into  other  platforms  such  as  Facebook  and   the  blog  publishing  tool,  Wordpress.  It  is  also  an  excellent  tool  for  researching  the  latest  trends   globally  or  regionally.       The  Bad:   The   biggest   complaint   smaller   businesses   have   about   Twitter   is   that   they   still   “don’t   get   it.”   Much   of   this   concern   can   be   attributed   to   the   fact   that   the   businesses   don’t   really   know   what   to   say,  how  they  will  be  perceived,  and  how  they  will  attract  other  members.  It  also  gets  knocked   down  a  point  for  lack  of  insights  or  analytics.    On  the  right  is  a  chart  forecasting  the  growth  of   Facebook  and  Twitter  users.       LinkedIn GRADE: A-   LinkedIn  has  securely  carved  out  its  place  as  the  only  business-­‐to-­‐business  social  network.   While  some  think  of  the  site  as  just  a  collection  of  resumes,  those  that  use  it  to  virtually  “work   the  room”  get  much  more  out  of  it.       The  Good:   LinkedIn  is  where  connections  come  to  life,  and  for  the  business  community,  it  can  be  like   panning  for  gold.  As  a  great  repository  of  information,  many  companies  are  finding  success  in   using  LinkedIn  for  competitive  research,  to  search  for  trending  topics  that  can  spark  content  for   blogs  &  newsletters,  and  to  showcase  one’s  expertise.    It  also  allows  you  to  post  questions  to   your  groups,  participate  in  discussions  and  target  specific  groups  virtually.  It  is  very  simple  to   maintain  once  you  have  set  up  a  LinkedIn  profile.     With  their  recent  acquisition  of  SlideShare,  the  presentation-­‐sharing  site,  we  can  expect  to  see   improvements  in  the  way  content  is  shared  throughout  LinkedIn.     The  Bad:   Some  may  be  hesitant  to  share  their  connections  with  others  or  give  away  too  much   background  information,  so  crafting  your  personal  brand  truly  elevates  in  importance  here.   Expect  to  get  invitations  to  connect  from  people  you  do  not  know,  especially  job  seekers  and   salespeople.  Determine  who  truly  is  a  legitimate  connection  (you  know  the  person  or  have  a   mutual  contact)  before  accepting  the  request.                 ©  Market  Torque  and  Sinuate  Media,  2012 8  
  • 9.   2012  Social  Media  Status  Update     YouTube GRADE: B   The  majority  of  video-­‐sharing  sites  have  shuttered  as  the  cost  of  hosting  video  has  risen.   However,  YouTube,  with  its  integration  with  Google  search  and  Facebook  for  sharing,  has   reigned  as  the  leading  video  sharing  website.  But  for  the  business  community,  the  value  of   YouTube  truly  depends  on  one’s  industry.  For  many  small  companies,  they  struggle  with   developing  video  content  for  numerous  reasons,  particularly  cost  and  content.       The  Good:   Now  with  improved  analytics  and  a  change  in  profile  layout,  YouTube  can  be  more  meaningful   to  marketers  who  want  to  know  what  kind  of  influence  their  video  content  is  having.  Video  is   increasingly  prevalent  online  and  can  increase  the  time  spent  on  one’s  website.       The  Bad:   The  biggest  challenge,  and  the  reasons  YouTube  received  a  lower  mark  is  because  small   businesses  have  a  serious  issue  will  developing  affordable,  effective,  and  interesting  video   content.  Without  video  content,  YouTube  cannot  provide  much  value  to  the  business  and  stalls   them  from  embracing  video  content  marketing.       There  are  two  new  social  networks  vying  for  attention:  Google+  and  Pinterest.  Though   they  have  been  around  for  a  short  time,  both  have  received  a  lot  of  attention,  especially   as  brands  begin  to  dabble  in  using  them  as  marketing  tools.     Google+ GRADE: B-   After  some  unsuccessful  attempts  at  launching   a  social  network,  many  are  wondering  if   Google+  is  the  one  that  works.  It  grew  to  25   million  visitors  in  less  than  a  month,  making  it   the  fastest  growing  social  network  ever.   However,  Google  has  a  leg  up  compared  to   other  start-­‐up  networks.  Its  “embeddedness”   into  our  culture  with  Gmail,  YouTube,  etc.  has   made  its  “learning  curve”  shorter  and  its  sign   up  easier.       William  Sonoma,  Zagat,  and  MAKE  magazine  are  brands  actively  using  Google+.  It  is  a  space  to   watch  in  2013  as  more  brands  test  out  customer  engagement  with  their  Google+  Pages.       ©  Market  Torque  and  Sinuate  Media,  2012 9  
  • 10.   2012  Social  Media  Status  Update       Pinterest GRADE: B+   Pinterest,  a  virtual  pin  boards  network,  has   been  readily  adopted  by  creative  types  and  the   brands  that  attract  them.  Real  Simple  (see   example  on  right),  L’Occitane,  Lacoste,  and   Sephora  are  some  of  the  brands  that  are   embracing  the  new  phenomenon  and  pinning   photos.  The  site  caters  to  the  shortened   attention  span  by  offering  a  simple  product   that  primarily  relies  on  visual  elements.  The   site  also  skews  heavily  female—80%  of  its   members  are  female,  with  the  majority  aged   25-­‐445.     Supported  by  direct  integration  with  Facebook  and  Twitter,  they  have  succeeded  in  eliminating   the  need  to  create  a  separate  profile  on  Pinterest,  which  is  ideal  as  consumers  are  feeling         social  media  fatigue.           3. Addressing  Challenges     Throughout  this  whitepaper,  we  have  discussed  general  trends  in  social  media,  why  social   media  can  be  valuable  for  small  businesses,  as  well  as  the  tools  that  can  be  helpful.    In  deciding   on  how  to  optimize  your  social  media  presence,  there  are  three  main  challenges  you  will  likely   or  have  already  encountered.    This  section  is  devoted  to  our  recommendations  for  addressing   each  of  these  challenges.       Challenge  #1:  Creating  Content   The  major  challenges  businesses  now  face  with  managing  their  social  presence  is  the  constant   development  of  content.       Simple  and  efficient  ways  to  develop  content  for  your  social  profiles  are  to  look  at  existing   marketing  and  sales  material,  such  as  white  papers,  newsletters,  articles  written  for  trade   publications,  or  training  material  written  for  clients.  Often  times,  these  pieces  can  be  broken   down  into  smaller  chunks  suitable  for  social  media.     Don’t  forget  to  look  at  what  marketing  is  already  happening  for  your  business,  such  as  attending   trade  shows  or  speaking  engagements.  Photos,  video,  and  even  information  promoting  these   events  will  contain  valuable  information  that  can  be  posted  to  Facebook,  Twitter,  and  others.                                                                                                                     5  Living  the  Path,  April  2012,  http://community.pathoftheblueeye.com/Data/data-­‐pinterests-­‐user-­‐demographics-­‐ april-­‐2012     ©  Market  Torque  and  Sinuate  Media,  2012 10  
  • 11.   2012  Social  Media  Status  Update       Challenge  #2:  Leveraging  Connections   While  some  businesses  may  easily  collect  new  fans,  they  will  now  be  looking  to  leveraging  those   connections  to  turn  into  actual  customers.       For  those  in  a  business-­‐to-­‐business  environment  or  even  online  business,  social  media  can  be   beneficial  for  warming  sales  leads.  Having  an  integrated  marketing  campaign  will  go  a  long  way   to  do  this.  This  means  your  sales  efforts,  email  marketing,  and  offline  marketing  support  your   social  media.  On  the  flip  side,  your  social  media  should  publicize  contacts  at  your  companies  for   customer  service  or  sales  questions,  encourage  newsletter  sign  ups,  and  direct  potential  leads   to  in-­‐person  events  and  meetings.       For  those  in  a  retail  environment,  social  media  can  be  very  useful  to  promote  sales,  rebates,   coupon  codes,  and  other  promotions  for  customers.  Proactively  promoting  and  submitting   coupon  codes  to  sites  such  as  RetailMeNot.com  and  CouponChief.com  is  a  way  to  support  such   efforts.       Challenge  #3:  Investing  Wisely  in  a  Changing  Landscape     What  is  your  money  and  time  best  spent  on  when  it  comes  to  social  media?  That  is  the  question   that  many  businesses  have,  especially  when  there  seems  to  be  new  “It”  tools  launching  each   day.  This  was  especially  true  earlier  on  in  the  lifecycle  of  social  media  when  sites  like  Friendster   and  MySpace  popped  onto  the  scene,  and  then  fizzled  out.  However,  social  media  has  since   evolved  and  the  platforms  are  much  more  engrained  into  our  culture  than  its  predecessors.       With  membership  in  the  millions  of  users,  nearly  every  business  can  now  make  the  case  to   invest  in  one  or  more  social  networks.  A  combination  of  content  on  owned  properties  of  the   business  (a  company  website,  blog)  with  presence  on  social  networks  (Facebook,  Pinterest,   etc.)  provides  both  a  comprehensive  presence  for  the  business  as  well  as  the  opportunity  to   protect  the  investment.    Repurposing  content  across  all  channels  is  also  an  ideal  way  to  get   more  mileage  from  your  work.         ©  Market  Torque  and  Sinuate  Media,  2012 11  
  • 12.   2012  Social  Media  Status  Update       4. Resources     Social  Media  News  &  Tips   Mashable—www.mashable.com     Social  Media  Examiner—www.socialmediaexaminer.com     Social  Media  Explorer—www.socialmediaexplorer.com     The  Social  Media  Marketing  Blog—www.scottmonty.com     SEOmoz  Blog—www.seomoz.org/blog     Brian  Solis—www.briansolis.com     Social  Media  Today—http://socialmediatoday.com       Social  Networks  &  Platforms   Facebook—www.facebook.com   Twitter—www.twitter.com   LinkedIn—www.linkedin.com   YouTube—www.youtube.com     Pinterest—www.pinterest.com     Google+—www.google.com/plus     Blogging  &  Web  Publishing  Tools   WordPress—www.wordpress.com  /  www.wordpress.org     Tumblr—www.tumblr.com   Blogger—www.blogger.com     HubSpot—www.hubspot.com       Social  Media  Tools     HootSuite—www.hootsuite.com   Management  tool  for  posting  &  scheduling  updates  to  a  range  of  social  networks.     Cyfe—www.cyfe.com     For  metric-­‐lovers,  an  analytics  dashboard  for  monitoring  the  progress  of  your  social  networking   profile  &  web  traffic.       Involver—www.involver.com     Apps  for  Facebook  Pages,  like  Twitter,  Slides,  Contests     Wildfire  Interactive—www.wildfireinteractive.com       Apps  for  Facebook  Pages     Tabsite—www.tabsite.com   Apps  for  Facebook  Pages,  for  running  contests,  posting  photos,  email  signup  forms,  and  more   ©  Market  Torque  and  Sinuate  Media,  2012 12